City of Oakland Forest Photograph
Living
 Business Visiting City Hall

City of Oakland

RETIREMENT SYSTEMS
Walter L. Johnson, Sr., Director
150 Frank H. Ogawa Plaza, 3rd Floor
Oakland, California 94612

All persons wishing to address the Board must complete a speaker's card, stating their name and the agenda item (including "Open Forum") they wish to address. The Board may take action on items not on the agenda only if findings pursuant to the Sunshine Ordinance and Brown Act are made that the matter is urgent or an emergency.  Presentations are limited to three minutes.


AGENDA
REGULAR MEETING
of the
OAKLAND POLICE AND FIRE RETIREMENT SYSTEM

MEMBERSHIP

Robert (Bob) Crawford, President
Ken Brooks, Member
James Cooper, Member
Deborah Edgerly, Member
Jaime Godfrey, Member
Dave McArthur, Member
VACANT

DATE: December 17, 2003
TIME: 1:00 P.M.
PLACE: One Frank Ogawa Plaza (City Hall) Hearing Rm. #4
Oakland, California 94612

Oakland Police and Fire Retirement Board meetings are held in wheelchair accessible facilities. Contact the Retirement and Risk Administration, 150 Frank Ogawa Plaza, Suite 3341 or call (510) 238-3307 voice or (510) 839-6451 (TTY) to arrange the following services:

  • Sign interpreters or Phonic Ear hearing devices for the hearing impaired; large print, Braille, or cassette tape text for the visually impaired.

 

OAKLAND POLICE AND FIRE RETIREMENT SYSTEM AGENDA
REGULAR MEETING
December 17, 2003

 

ORDER OF BUSINESS

  1. Minutes of the October 29, 2003 Regular Meeting to be approved.
  2. Discussion and action regarding overview and/or Performance Measurement report, including Board action placing an investment advisor(s) on the “watch list” due to the Board’s concerns about performance: Carolyn Smith, Watson/Wyatt Consulting, Inc.
  3. Report from the Investment Committee:

    • Recommendation to withdrawal $6.5 million from McCullough, Andrews & Cappiello for January benefits payments, payable on 2/1/04.
    • Recommendation to terminate Large Cap Manager McCullough, Andrews & Cappiello.
    • Recommendation to accept the transition bid from State Street with the temporary investment of funds in a Russell 1000 Index fund, until an enhanced index manager has been hired.
    • Recommended the approval of the RFI for Consultant Services
    • Recommendation to put SSR Realty on the “watch list” for change in personnel.
  4. Resolutions to be adopted:

    Reso. No. 6475

    Resolution fixing the monthly allowance of Dorothy Gray, surviving wife of George Gray a retired member of the Police and Fire Retirement System.  (Police)


    Reso. No. 6476

    Resolution approving death benefit roll number 7876and directing warrants thereunder in the total sum of $1000.00. (Police)


    Reso. No. 6477
    		 Resolution approving death benefit roll number 7877and directing warrants thereunder in the total sum of $1000.00.  (Fire)


    Reso. No. 6478
    		 Resolution fixing the monthly allowance of Hazel Gaudinier, surviving wife of Raymond Gaudinier a retired member of the Police and Fire Retirement System.  (Police)



  5. Continuation of Hearing, discussion, and action on the matter of Mr. Franklyn Reid’s (deceased) widow’s application for a change in status to a full continuance.
  6. Scheduling/Announcements
  7. Open Forum